Abu Dhabi: insurance company confirms higher profit in 2025
Abu Dhabi National Insurance Company (ADNIC) has confirmed higher profit and sturdy growth in the first three quarters of 2025, up by 15.3% from the same period last year, as reported by Middle East Economy via the Emirates News Agency WAM on November 11th.
ADNIC confirmed a net profit before tax of AED 395 million ($107.5 million), and gross written premiums increased 17.4% to AED 7,207.1 million, indicating strong demand from clients. ADNIC also maintained a combined ratio of 93.2%.
Insurance earnings reached AED 6.1 billion, compared with AED 5.2 billion in 2024 during the same period, representing 16.1% growth, year-on-year.
Net insurance service results saw a growth of nearly 24%, reaching AED 382.3 million. Investment net income also increased, rising by 10.4% to AED 223.3 million.
As of September 30, 2025, total assets were worth AED 10.6 billion, while shareholders’ equity reached AED 3.6 billion.
Chairman of ADNIC, Sheikh Mohamed Bin Saif Al-Nahyan, emphasised: “Our focus remains on delivering sustainable value to our shareholders while reinforcing our role as a key enabler of the UAE’s economic growth.”
During the third quarter of 2025, ADNIC announced a partnership with Allianz Trade in the Middle East to expand access to Trade Credit Insurance, aimed at helping businesses safeguard themselves from late payments and defaults.
CEO of ADNIC, Charalampos Mylonas, added: “Our new partnership with Allianz Trade marks an important step in expanding our specialised insurance offerings, while our innovation and digital initiatives continue to drive efficiency and customer satisfaction.”
ADNIC also has a partnership with the Sheikh Zayed Housing Program to offer life insurance to UAE nationals that are eligible. Additionally, the company stressed its efforts to integrate AI into its operations.
Economy Middle East, WAM, Maghrebi.org
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